Cable Update (GBPUSD)

Quoting Headland

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...anyways, ...challenging that prev 1hr twice tested/minor 4hr sw hi zone that extends to current dly hi now

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Quoting Headland

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{quote} Thanks. I should, even it will be surprised at that answer, probably needs to stretch it's legs now, etc!? Presumably then with a 100% probability of happening you have 'sold the farm and staked all on red,' as it were? {image}

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Quoting TheWolf

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There are no rockets nor hammers until Fed fellas.. Why waste your money? Obviously there's nothing happening until Fed. Even Fed is not important, it's BoE's rate decision that is.. Complete Range.. I never traded Oil but I might try after the Elections.. many sources say that the price is going to jump after Elections are over. Sources say that they will continue to manipulate the price of Oil until the Elections, so American people think that Biden is actually doing something, but that's just not the case. Incompetent to say the least..

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Quoting Robinhood1

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{quote} Inflation will sky rocket till 2024 and then moderate climb to 2034 where it will turn down so commodities buy & hold

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Quoting Headland

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{quote} up, down, up, down,.... 1hr below {image}

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Quoting Robinhood1

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{quote} Inflation will sky rocket till 2024 and then moderate climb to 2034 where it will turn down so commodities buy & hold

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Quoting Pat Chiko

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{quote} This is a lot of information and uncertainty, this will probably give us a ranging market unless we have a dramatic change in the market expectations or a surprise. There is no standard rule. In essence, there is a possibility for a big move whenever a Fed talks. Generally, however, the moves happen when FOMC Press Conference ... I think the important point here is that the market is very prepared for a hawkish Fed. (just my newbie opinion)

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Quoting Pat Chiko

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{quote} This is a lot of information and uncertainty, this will probably give us a ranging market unless we have a dramatic change in the market expectations or a surprise. There is no standard rule. In essence, there is a possibility for a big move whenever a Fed talks. Generally, however, the moves happen when FOMC Press Conference ... I think the important point here is that the market is very prepared for a hawkish Fed. (just my newbie opinion)

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Quoting Robinhood1

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{quote} Leveles are found through proportions (not accurate) but good enough to hit the right direction

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Quoting Pat Chiko

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{quote} This is a lot of information and uncertainty, this will probably give us a ranging market unless we have a dramatic change in the market expectations or a surprise. There is no standard rule. In essence, there is a possibility for a big move whenever a Fed talks. Generally, however, the moves happen when FOMC Press Conference ... I think the important point here is that the market is very prepared for a hawkish Fed. (just my newbie opinion)

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Quoting Robinhood1

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{quote} Legs or paws? correct me if i am wrong, english is not my first language. all on red: 2 + 2 = 4 not 3, not 5

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Quoting MrFanciful

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{quote} The fact that the US will have to buy millions of barrels to replenish it's SOR thanks to Bidens cynical political stunt will alone put upward pressure on the price.

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Quoting DrDave

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{quote} When you say "buy", do you mean buy from non-domestic sources? Wouldn't it be a smarter political move to immediately make incentives to start reopening and pumping domestic wells?

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Quoting DrDave

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{quote} That being the case, then due to the fractal nature of financial time series, do you see the pattern when you zoom in via smaller TFs between the light blue and green dot? And similarly, when you see a light blue and green dot on a specific TF, if you move to higher TFs and find a different light blue and green dot with a range that encompasses the dots of the smaller TF, is there any kind of pattern for where the smaller dots fall inside the range of the larger dots?

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Quoting Robinhood1

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{quote} You have input information into your AI, i can tell, so you can neutralize me. In fact, Its tf 1 min. See if you can decode botty, just kidding I do not mind you working out my system if you lot a going to trade the market not the traders. In fact, trading the traders can be extremely dangerous, you can find while cornering be yourself cornered.

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